Global banking directory (since 2007)
Press release distribution service
Add Bank | Banking Forum
Advertise Your Business Here!
Search
  • 2nd Edition Operational Challenges for GDPR Implementation in Banks, November 20-22
  • FSI Transformation Assembly 2017, November 28-29
  • 24th World Islamic Banking Conference, December 4-6
  • Advertise With Us!
BanksDaily Twitter BanksDaily FaceBook BanksDaily LinkedIn

Press Release :: UBS

Logo UBSUBS full-year pre-tax profit CHF 5.5 billion; wealth management businesses' full-year net new money CHF 35.6 billion; end-2011 Basel 2.5 tier 1 ratio 16.0%; dividend of CHF 0.10 to be proposed for 2011.

UBS ended the year with an even stronger capital position and sound liquidity and funding positions, and maintained its standing as one of the world's best capitalized banks. In the fourth quarter, the firm made clear progress towards achieving its strategic goals, reducing Basel III risk-weighted assets (RWA) by an estimated CHF 20 billion and building capital ratios further. UBS's wealth management businesses together delivered quarterly net new money inflows of CHF 5.0 billion, demonstrating clients' continued confidence in the firm amid ongoing market uncertainty. UBS also continued to make progress delivering its previously announced cost reduction program.

The firm's targeted capital structure, which includes 13% in Basel III tier 1 common equity, sends a clear signal about safety and stability. As a clear expression of optimism about the firm's future, UBS reiterates its intention to propose a dividend of CHF 0.10 per share for the financial year 2011 and thereafter implement a progressive capital return program. UBS also intends to issue loss-absorbing capital in 2012 as a step towards meeting the Swiss regulator's requirement that systemically important banks hold up to 19% in total Basel III capital in future.

Source: UBS
Date: 07.02.2012
Articles
 On October 30-31, Prague will host Crypto Affiliate Conference 2017

Crypto Affiliate Conference 2017 will be a crucial stepping stone for the whole digital marketing community in the presently changing environment. 07.09.2017 | Source: Faunus

 Blockchain Life 2017

On the 26th of September, in the Saint-Petersburg (Russia), will be held the Blockchain Life 2017 - the largest conference about Bitcoin, the blockchain, cryptocurrency, and mining. 02.08.2017 | Source: Adwad Group

 6th Edition BFSI Innovation and Technology Summit 2017

Today Indian economy is considered as one of the fastest growing economies in the world and contributing to its high growth are many critical sectors, amongst which the BFSI sector is unarguably one of the most distinguished sectors of Indian economy. 21.07.2017 | Source: Exito Media Concepts

 Can Poland become a fintech leader in Europe?

FutureTech Congress ended its two-day event devoted to innovations in the fintech, insurtech and big data industries. 26.05.2017 | Source: FutureTech

 FutureTech Congress: international meeting of insurtech, fintech and big data to be held this May in Warsaw

FutureTech Congress is one of the most important business summits in Central and Eastern Europe addressing top trends in the fintech, insurtech and big data industries. The first edition of the congress will be held on 24th and 25th of May in Warsaw. 05.05.2017 | Source: FutureTech

 Prague will host the largest conference devoted to cryptocurrencies and blockchain

On May 19, the capital of the Czech Republic will host Blockchain & Bitcoin Conference Prague – the event dedicated to the development of cryptocurrencies and blockchain. 06.04.2017 | Source: Smile-Expo


2007-2017 © Banking Directory